Trump Screams For More Socialist Bailouts To Farmers

The Washington Post reports:



President Trump promised in an all-caps tweet Friday to provide additional bailout funding to American farmers if necessary, as questions arise over whether China’s purchases of agricultural products will fall short of what it pledged in the recently signed trade deal.

The bailout was created by the Trump administration as a way to try to calm outrage from farmers who complained they were caught in the middle of the White House’s trade war with China. In an attempt to pacify farmers, the Agriculture Department created an expansive new program without precedent.

The U.S. has already pledged or spent $28 billion in bailout payments to American farmers, an amount double the Obama-era bailout of the auto industry assailed by many Republicans. In some cases, that assistance has gone to foreign-owned firms with plants operating in the U.S.